Bank of Korea’s New Board Member Flags Inflation, Housing Risks
The Bank of Korea’s newest board member highlighted mounting inflation and financial-stability risks tied to the Middle East conflict, housing prices and capital flows in his inaugural remarks Friday, reinforcing...
By Heesu Lee · Bloomberg Markets
The Bank of Korea’s newest board member highlighted mounting inflation and financial-stability risks tied to the Middle East conflict, housing prices and capital flows in his inaugural remarks Friday, reinforcing expectations the central bank is moving toward a hawkish bias.